Gulf Allies Told Trump to Keep Fighting — Then He Asked Them to Pay
Saudi Arabia and the UAE are privately urging Trump to fight until Iran is 'decisively defeated' — and the White House responded by floating a bill for the $35B war.
Hendrik Van Der Berg
Bureau: Brussels
March Ended and the Market Broke — S&P 500 Posts Worst Month Since 2022
The S&P 500 closed at an eight-month low, WTI settled above $100 for the first time since 2022, and Micron fell 30% from its all-time high in a single week.
Mortgage Rates Stuck at 6.49% and the Spring Market Is a Ghost Town
Mortgage rates hit their highest point since September 2025 as the war premium baked into yields -- the spring housing market is dead on arrival.
WTI Crude Settles Above $100 for First Time Since Russia Invaded Ukraine
WTI crude closed at $102.88 Monday, its first settlement above $100 since June 2022, driven by Hormuz disruptions and war escalation.
Brent Crude Holds Above $112 as War Premium Becomes Permanent Market Feature
Brent crude remains above $112 per barrel with analysts arguing the war premium is now a permanent feature of oil market structure.
Gasoline Hits $4 Per Gallon Nationally for First Time Since 2022
The national average gasoline price reached $3.96 and is expected to breach $4 per gallon this week, the first time since August 2022.
The Fed Is Paralyzed: Can't Cut for Inflation, Can't Hike for Recession
The Federal Reserve is trapped between oil-driven inflation that prevents cuts and recession risk that prevents hikes, holding rates at 3.5-3.75%.